May 28, 2025 | Buying
What’s The Average Home Price in Guelph?
Making the move can feel intimidating – this is why we are here to provide you with the guidance and support you need! Let’s chat about home prices in Guelph and help you determine the move that makes the most sense for you.
Can You “Time” the Market?
Many home buyers are not sure if “now is the time to enter the market” and the majority of the reason behind this is the looming economic threats of tariffs. However, our market has continued to prevail and in so many ways is thriving for buyers in the Guelph-Wellington region. Inventory in our market is at its peak point, with multiple homes hitting our Guelph and Waterloo market each day, you are sure to find a home that screams YOUR FOREVER HOME!
Want to learn more about life in Guelph? Explore these other pages from our site next!
Guelph Housing Market Overview
More to that, the market steadfastness is also seen not just in trends and activity, but shows through the stats. Last month, the average price for a detached home in Guelph totalled an average of $750,000 and the crazy part about this is that this number, despite the increases in inventory, had a 0% fluctuation (in average) from the previous month. This is a HUGE positive because it means that regardless of inventory changes, the market and the numbers backing it are continuing to hold steady.
This is great news for first-time home buyers, those looking to relocate to Guelph or investors interested in entering the market. Another positive to this average is that it is down significantly since the “COVID Market” when buying a home for many people, felt like a dance. Now, we are able to track trends and in a lot of ways anticipate what the upcoming 1-2 months in our market will look like because we are seeing consistency in the numbers.
Another interesting factor impacting the average price of a detached home in Guelph is the number of sales to listings ratio, which is currently pulling a percentage of 43.56%, which is down almost 14% from the previous month.
This is GOOD NEWS for buyers because it means that when they do fall in love with a home, they have a greater chance of securing it. However, this number does not reflect the spring rush, which has been nontraditional in comparison to years of real estate trends in our local market- likely due to the tariff threats.
As such, it is important to remember that these numbers are not stagnant and whether you are buying or selling, the key thing to remember is don’t wait to buy real estate, buy real estate and then WAIT.
Real Estate in Wellington County
The Guelph housing market is also not just made up of the city of Guelph, there are various surrounding areas that impact its conditions, so let’s break down the activity for the month of April in these locations
Wellington County saw quite comparable stats to the City of Guelph- with the average sale price being slightly higher at $775,000 and the listing/sold ratio at -17%. This lack of variety does explain something- which is that homes in the inner city and in the surrounding areas are likely quite similar in terms of their overall features, land and appeal. By this I mean, it could be likely that a lot of suburban homes, ranging from 2000-2200 SQFT are making up these numbers, which is why the data is pulling so consistently.
Another area that is within the region which pulls significantly similar data is Guelph and Eramosa, where the average price of a detached home last month was $845,000. This price is lower than the previous month’s data by 12%. What could likely be contributing to this is the amount of inventory currently on the market or the style of the inventory available. The exciting part about this all is that the market is saturated and the numbers we are seeing for communities across Guelph and the Wellington region are quite similar.
Seasonal Shifts
Does the average sale price impact the entire year- while this would make sense for a lot of people, the average price tends to fluctuate on a monthly basis and all depends on the greater scope of the market.
For example, the most inventory tends to hit the market in what agents call the “Spring Market” – it is among the busiest months of real estate as sellers are eager to have their homes sold before the summer. With this in mind, anticipating that the average price will stay the same again for a third month in a row for the City of Guelph will depend on these factors:
- The kind of inventory going on the market
- The ongoing economic situation between the US and Canada
- Trends in immigration and job opportunities within the city
- Layoff to job opportunity ratio
- The rate of new development construction in Guelph
- The amount of “unique” properties that fall outside this norm are listed in the next 1-2 month timeframe
Remember, the market is not stagnant and that is a good thing because it presents all kinds of opportunities regardless of where you are in the stages of looking, buying, selling or just thinking about doing so.
Buying a home soon? Check out these blogs for more advice!
- The Cost of Closing in Real Estate
- Where to Start When Buying Your First Home
- How Your Credit Score Affects How Much House You’ll Be Able To Buy
How to Buy a House in Guelph?
In order to understand how this average affects your ability to step into the market, it is always important to talk to a Licensed Real Estate Salesperson. They understand and break down the market and its trends on a daily basis in order to serve their clients’ needs and constantly stay informed. If you are looking for expert Realtors in this area, we are happy to help you!
With over 70 years of combined real estate experience, we live and play in the communities we serve and will help make all your wishlist items a reality!
So remember, the market will change (despite its consistency) and having the tools and knowledge to break down what this means for you is key in your real estate journey and exactly why we are here to help!
Thinking about moving to Guelph? We can help! Reach us by email at operations@capstonereps.com or call 519.824.9050.
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